Short sales are out of vogue and perhaps that’s exactly where they should be in a market with rapid appreciation and multiple offers on ‘turn key’ homes drawing most of the attention. But investors should always
Banks Step Up Short Sale Incentives
February 13, 2012 by
Banks are stepping up their efforts to persuade struggling homeowners to accept a short sale instead of going through a costly foreclosure, according to new reports, with some banks prepared to offer borrowers up to $35,000 to ‘get out of jail’ earlier.